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Former staff voice concern after scheme’s assets plunge in value by £10bn in a year Barclays could save itself more than £200m a year after deciding to take a break from paying into its staff pension scheme, despite the fund’s assets plummeting by £10b…
Today U.S. Treasury Secretary Janet Yellen said Silicon Valley Bank would not be bailed out by the federal government. But the government is working on helping depositors, Yellen said on the CBS News show Face the Nation.
The Associated Press reports…
Exclusive: Arvato, which fitted the meters in England and Wales, made 122,536 requests and had only 11 rejectedThe debt collection agency that force-fitted prepayment meters for vulnerable British Gas customers made a third of all warrant of entry appl…
“Crypto firms should do their work within the bounds of the law, or they shouldn’t do it at all,” says the head of America’s Securities and Exchange Commission, which regulates US. investment markets.
In an editorial published in The Hill, SEC chair …
This week’s budget expected to include support to ease financial pressure, but attached to greater obligations to seek workPoorer working parents are to be given more help with the costs of childcare as part of this week’s budget, after warnings that s…
Treasury says move will save four million households £45 a year on their energy billsPrepayment meter customers will no longer be charged more to receive their energy under reforms to be announced in the budget.The chancellor is to end the “prepayment …
By plugging gaps in their national insurance record, some people can increase their entitlementPay £800 now and, if you live a long time, get back £5,500-plus in total. If you can afford to hand over £8,000, it could be £55,000 or more. That, in very s…
Roku has $487 million of cash and cash equivalents in uninsured deposits at failed Silicon Valley Bank, the streaming media company said in an filing on Friday with the Securities and Exchange Commission. CNBC reports: About 26% of Roku’s $1.9 billion …
Chancellor likely to announce increase to £40,000 pension annual limit and lifetime allowanceJeremy Hunt is considering a boost for the pensions of middle-class professionals and more help with childcare for parents in next week’s budget, as he tries t…
U.S. President Joe Biden’s proposed budget, set to be unveiled Thursday, will include a provision to close tax loss harvesting on crypto transactions. From a report: A White House official confirmed that the budget will include a tax provision intended…